Banyan Security

Banyan Security is a leading provider of cloud-centric secure remote access solutions based on Zero Trust security principles.

Banyan replaces your traditional network access boxes – VPNs, bastion hosts, and gateways – with a cloud-based zero trust access solution. 

Banyan Security was founded in 2015 by Jayanth Gummaraju, Tarun Desikan, and Yoshio Turner. The company is headquartered in San Francisco, California.

 

Banyan enhances security by reducing your attack surface, eliminating lateral movement and preventing unauthorized access. Utilizing innovative TrustScoring powered by machine learning, Banyan ensures both users and devices are authenticated and authorized before granting granular least privilege access to sensitive corporate applications and servers.

 

Banyan recently launched Team Edition, a no-cost version of the company’s powerful Banyan Security Zero Trust Remote Access solution, organizations are provided with one-click, zero trust access to hosted applications, services, and infrastructure without the need for legacy VPNs, opening inbound firewall ports, or managing DNS changes.

 

Banyan's highly scalable platform is currently used by enterprises across verticals including healthcare, manufacturing, and technology. Some of its clients include Adobe, SAP, BlueVoyant and Veeva.

 

Banyan is backed by Third Point Ventures, Shasta Ventures, SIG, Alter Venture Partners, Unusual Ventures, Bogomil Balkansky, and others. The company raised $30M in Series B round on Jan 18, 2022. This brings Banyan's total funding to $47.3M to date.

 

 

  • Year founded: 2015
  • Funding Info: $47.3M over 3 Rounds (Latest Funding Type: Series B)
  • Yearly Revenue: NA
  • Employee Size: 11-50
  • Business Valuation: NA
  • City/Town: San Francisco
  • State: California
  • Country: United States
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